Code of Alabama
Ala. Code § 35-16-1 (2026)
Publication of Annuity Tables.
✓ official Alabama Legislature (ALISON) text, current July 2026
The superintendent of insurance and the superintendent of banks, jointly, shall, within 30 days after final adjournment of each regular session of the Legislature, cause to be prepared a table showing the current present cash value of an annuity of $100.00 per month, month by month from two to 480 months at two percent, two and one-half percent, three percent, three and one-half percent, four percent, four and one-half percent, five percent, five and one-half percent and six percent, which table shall be delivered to the Secretary of State, who shall cause the same to be printed in the bound volume of the acts of the Legislature.
(Acts 1953, No. 456, p. 561, §1.)
Notes of Decisions
Cited in 2
cases, 1991–2009 · leading case: Clark v. Container Corp. of Am., Inc., 589 So. 2d 184 (Ala. 1991).
Clark v. Container Corp. of Am., Inc., 589 So. 2d 184 (Ala. 1991). “Section 35-16-1 authorizes the superintendent of insurance and the superintendent of banks, within 30 days after final adjournment of each regular session of the legislature, to prepare an annuity table showing the present cash value of an annuity of $100 per month, month by…”
Campbell v. Campbell, 41 So. 3d 775 (Ala. Civ. App. 2009). “See generally Ala.Code 1975, § 35-16-1 et seq., and Miller v.”
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